Investors may be wondering whether Clorox at around US$108.80 is starting to look like value again, or if the market is still cautious about the stock.
The share price has had mixed fortunes, with a 1.6% decline over the last 7 days, a 9.6% gain over the last 30 days, and returns of 7.9% year to date, but 28.2% lower over 1 year and 37.4% lower over 5 years.
Recent coverage around Clorox has focused on how investors are reassessing consumer staples stocks in general, especially those with well known home and personal care brands. This context helps explain why the share price has seen both short term strength and longer term weakness as the market updates its view on earnings quality and resilience.
